How big can preferreds get and what timeline do you imagine?
Replied byPhong Lee
President & CEO at Strategy (formerly MicroStrategy)
Niche: Technology, SaaS, AI, Finance, Cryptocurrency
Revenue: $1M+/month
Location: USA
Started: 2020
Money markets and savings are about $30 trillion. One percent is $300 billion. Could we reach $30 billion? I think we could. Timing is hard. These instruments need to season. Our first preferred launched eight months ago and Stretch launched three months ago. Give it time to mature.
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